# PPP loan: AMERICAN CARPET OF CONNECTICUT, INC.
> **$162K** approved 04/13/2020 · Paid in Full · Loan `4878487103`
## Borrower
- **Name:** AMERICAN CARPET OF CONNECTICUT, INC.
- **Address:** 1604 THOMASTON AVE, WATERBURY, CT, 06704-1027
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 11
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*